Kalmar, part of Cargotec, has appointed Antti Kaunonen as its new president, replacing Olli Isotalo, as of July 1, 2016.
Kaunonen, who is currently Kalmar’s senior vice president of its automation and project division, will report to Mika Vehviläinen, CEO of Cargotec, and become an executive board member of Cargotec.
Mika Vehviläinen, CEO at Cargotec, said: “Antti has a wide experience of global industrial business and automation. His background is a great fit with Kalmar’s strategy to combine software and equipment seamlessly together and offer customers solutions that support their operational performance.”
Before joining Kalmar, Kaunonen worked for German mechanical engineering company Voith for eight years, which included a one year stint as head of automation Voith Hydro between April 2014 and May 2015.
Outgoing president and Cargotec executive board member, Isotalo will leave Cargotec to take up the position of CEO of Patria, a Finnish defence company.
Vehviläinen thanked Isotalo for his work, adding: “Kalmar is in very good shape.”
The new appointment may indicate a forthcoming close focus by Kalmar on automation, given Kaunonen’s relevant experience.
Finnish rival Konecranes hired Panu Routila last year, citing his merger and acquisition (M&A) experience, before embarking on a merger attempt with Terex.